Topic outline

  • BLOCKCHAIN EVOLUTION

    • Introduction and expectation settings (use case)
    • History of blockchain and bitcoin
    • Bitcoin and blockchain characteristics   
    • Building block and core technologies for blockchain- cryptography, peer to peer, DLT, smart contract, hash
    • Consensus mechanism (consensus mechanism fault-tolerant mechanism used in computer and blockchain systems to achieve necessary agreement on single data)
    • PKI & Cryptography and the relevance for Blockchain  
    • Team creations
    Learning Objectives
    • Understand the basics of blockchain
    • Identifying fundamentals of cryptocurrency and its evolution.
    • Distinguish between blockchains, cryptocurrency and ownership.
    • Understanding fundamental concepts of blockchain technology and smart contract   
    • Distinguish between proof of work, proof of stake and mining
    • Understanding problem of consensus and how underlying mechanism of blockchain solves it
    • BLOCKCHAIN ECOSYSTEM

      • Blockchain Definition Revision   
      • Types of Blockchain (Private blockchain, public blockchain), (permission and permission less)
      • Blockchain Architecture & Different Platforms like Ethereum, Hyperledger, EOS etc.  
      • Genesis Block in Blockchain (first block in the blockchain. Modern versions of bitcoin number it as block 0) 
      • 51% Attack theory  
      • How to build a use cases and assess if it’s a good fit to use blockchain  
      • Creation of the use case Architecture  
      • Use case- BFSI (Banking Finance Service and Insurance)   
      • Trade finance   
      • KYC and identity Management  
      • International remittances  
      • Regulatory reporting
      Learning objectives    
      • Recognize elements of permission-ed and permission less ledgers   
      • Identify components of security models for both types of blockchains and the continuum where other blockchain reside
      • Recognize governing concepts behind transactions and fees in different blockchain use cases
      • Recall value propositions and accounting challenges of stable coins and privacy coins
      • Exposure to various blockchain platforms
      • DEEP DIVE GUIDED HANDS-ON FOR PARTICIPANTS

        •  Introduction to Ethereum and its use cases. (Ethereum is an open- source, public, blockchain-based distributed computing platform and operating system featuring smart contract functionality)
        • Hyperledger and its components. (Hyperledger is an umbrella project of open source blockchains and related tools) •    Running two live cases on Enterprise Blockchain Platforms
        Learning objectives
        • Understand the differences between Ethereum and bitcoin
        • Understand Smart contract and its impact
        • Identify the characteristics of hybrid blockchains and blockchain-as- a-service
        • Recall how smart contracts differ from traditional contracts
        • Experiencing Enterprise Grade Blockchain Platforms and How They Can Be Used to Architect Solutions
        • TRANSFORMING ENTERPRISE BUSINESS MODELS

          • Blockchain in supply chain – real time tracking of a product in a supply chain with the help of blockchain which reduces the cost of moving items in a supply chain.
          • Use cases
          1.  Asset tracking    
          2. Procure to pay
          3. Claim management & warranty
          4. Interoperability of various supply chain
          5. Food and agriculture related cases •   
          • Manufacturing & IOT
          •  IOT- The internet of things, or IoT, is a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique (UIDs) and the ability to transfer data over a network without requiring human-to-human or human-to- computer interaction.
          • Use cases BOM tracking
          • Media & content industry, transport
          • Energy & governance PDS Aadhar and land registry
          Learning Objectives
          • Comprehend areas where blockchain is used
          • Recall how the internet of things will increase an auditor’s scope
          • MCQ exam for participants
          • BLOCKCHAIN FRONTIERS & GOVERNANCE CHALLENGES

            • Audit and Assurance
            • Process and Technical controls
            • System and Organizational controls
            • Blockchain analytics and auditing tools (Exporting the static blockchain data into an analytics platform for review of various transaction characteristics, segment transactions, analyze trends, predict future events, and identify relationships between blockchain and other data sources)
            • Governance, legal and regulatory issues in blockchain
            • Control responsibilities for permission-ed blockchain applications
            • Real time and continuous auditing in blockchain implementation
            • Develop an integrated audit program on blockchain implementation
            • Privacy & Blockchain 
            Learning objectives
            • Understand the regulatory and governance issues on blockchain
            • Identifying various system and organization controls related to blockchain
            • Practical learning of blockchain analytics tools
            • Identify the fundamental and changing roles of Professional Accountants in blockchain ecosystem 
            TEAM PRESENTATION OF CASE STUDIES CONCLUDING SESSION